Yen Extends Losses

By

Ira Iosebashvili And

Nicole Hong

Updated April 10, 2013 4:30 p.m. ET

The yen fell to its lowest price against the dollar in four years, but stopped just short of the ¥100 level.

Japan's currency has fallen around 7% since last week, when the Bank of Japan surprised markets with the magnitude of its new easing program. The central bank plans to pump trillions of yen into the Japanese economy as a way to lower long-term interest rates and stoke inflation, a process that is also expected to result in a...